MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License
MGM Resorts International is asking the metropolis of Yonkers — rest home of the operator’s Empire City Casino — for various zoning changes inward set ahead of New House of York regulators awarding three downstate gambling casino permits.
Local natural law strong DelBello Donnellan Weingarten Isaac Mayer Wise & Wiederkehr, LLP recently filed a zoning petition bespeak that would take into account for the conception of a special cassino territorial dominion at Empire City. The locale is currently structured as a slots-only racino. In 2019, MGM paid $850 million for Empire City with the desire that New House of York would eventually appropriate traditional casinos in the downstate region.
Empire City Casino is currently the sixth largest gaming story in the country. It is the premier gaming, gymnastic horse racing, and amusement installation inwards the region, the largest private employer inward the city, and unity of the most important contributors to the overall economic well-being of the city,” wrote attorney St. Mark Weingarten in the zoning quest document.
Over the past tense 18 years, Empire City has undergone multiple expansions and is now place to 4,600 electronic tabular array mettlesome positions. The gaming venue is also the largest author of taxes for the urban center of Yonkers.
Empire City Believed to Be in Prime Position for NY Casino Permit
It’s not yet solve exactly when New House of York regulators will grant the trine downstate cassino licenses — it could live later this twelvemonth or inwards 2025 — but consensus wiseness has often held that Empire City and Resorts World New House of York in Queens will win deuce of the permits.
That’s not a foregone close and country regulators haven’t publically commented to that effect. Other operators clearly believe they have got self-colored chances to win New York gambling casino licenses because inwards addition to MGM and Resorts World parent Genting, roughly 10 other companies, including some of the industry’s largest, are vying for New House of York permits.
Empire City and Resorts World New York could feature legs up in the competition because they’re naturalized inward their respective communities, the operators feature histories with New House of York regulators, and neither venue is Manhattan.
Conversely, there’s venture that a arguing involving a former executive director employed by both Genting and MGM could hamper the operators’ New York plans, but that hasn’t been confirmed.
MGM Has Big Plans for Empire City
The asking for zoning for a special gambling casino territorial dominion is the modish signalise that MGM is provision a massive modernise of Empire City should it secure unity of the downstate permits.
MGM is pledging to acquire an 845,000-square-foot amusement and gaming property. Of that number, 275,000 second power feet of existing blank space would follow refurbished spell another 340,000 straight feet would be added by way of life of unexampled construction.
Additionally, if Empire City is allowed to go a traditional casino, MGM testament transform the gaming infinite into a Las Vegas Strip-style area. New restaurants and a unused BetMGM sportsbook are also in the plans.
In the zoning request, Weingarten noted MGM could, inward the future, enter on a sec phase angle of elaboration at Empire City that would include a hotel and to a greater extent formula space, but those efforts testament follow left for a later date.
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